Ship&Offshore | Issue 06/2023
Owners must look beyond fuel to reach climate goals
Competition from other sectors on access to green fuels means that shipping’s 2030 emission targets hang in the balance, according to DNV. In the latest edition of its Maritime Forecast to 2050, the classification society warns that shipping faces a challenge in securing sufficient supplies of carbon-neutral fuels. Owners must focus beyond fuels to assess other energy efficiencies and emission reduction options. Increasing regulatory pressure to decarbonise, including stricter targets set by the International Maritime Organization (IMO) this July, means the shipping industry now needs to achieve a 20% reduction in emissions by 2030 and net-zero emissions by or around 2050....